GREY:OLEPF - Post by User
Comment by
Capharnaumon Aug 07, 2012 6:04pm
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Post# 20191722
RE: OLE Valuation
RE: OLE Valuation Even if after dilution OLE just has 28.275%, if they get 70M in the process (43.5% + arrears due by Bendon and Badr), then if they sell for the OJVG for 600M, in total OLE will have $240M, or $1.60 per share fully diluted. Just that 70M would already be around 50 cents per share in cash (current share price), still with 28.275% of the project.